Summary
CRH Public Limited Company (CRH) filed a Form 6-K on November 14, 2008, to report a transaction involving its own shares. Specifically, on November 13, 2008, CRH transferred 26,222 ordinary shares from its treasury stock to the trustees of an employee share participation scheme at a price of €17.19 per share. This transaction had a minor impact on the company's outstanding share count. Following the transfer, CRH now holds 16,493,976 ordinary shares in treasury. The total number of ordinary shares in issue, excluding treasury shares, stands at 531,626,460. This filing is primarily informational, detailing the movement of shares for employee benefit purposes rather than a significant financial event.
Key Highlights
- 1CRH plc transferred 26,222 ordinary shares from treasury to an employee share participation scheme on November 13, 2008.
- 2The transfer price was €17.19 per ordinary share.
- 3Following the transaction, CRH holds 16,493,976 ordinary shares in treasury.
- 4The total number of ordinary shares in issue (excluding treasury shares) is 531,626,460.
- 5The filing is made under Form 6-K, a report of foreign issuers.
- 6This transaction is related to employee share participation, not a public offering or buyback.
Frequently Asked Questions
The shares were transferred to the trustees of an employee share participation scheme, indicating it was for employee compensation or benefit.
This transaction re-issues shares from treasury, meaning the total number of shares in issue (excluding treasury shares) remains the same. The number of shares held in treasury decreases slightly. The total shares in issue, excluding treasury shares, is 531,626,460.
No, this is a routine informational filing regarding the company's treasury shares being allocated to an employee scheme. It does not represent a material financial event impacting the company's overall financial health or market position.
Form 6-K is a report of foreign issuers that are required to file or are permitted to file reports with the Securities and Exchange Commission (SEC). It is used to furnish information which the issuer (1) has made or is required to make public pursuant to the laws of its country of domicile or incorporation, (2) has filed or is required to file with a stock exchange on which its securities are traded, or (3) has distributed or is required to distribute to its security holders.